All Undergraduate Financial Aid

At Michigan State University, 23,310 undergraduate students (60% of total 39,176 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $11,721.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship23,31060% $273,225,192$11,721
Pell Grants8,51322% $43,825,466$5,148
Federal Student Loan15,62440% $102,398,329$6,554

Beginning Undergraduate Students (Freshmen) Financial Aid

6,136 beginning undergraduate students (71% of total 8,638 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Michigan State University. The average amount of aid received is $12,786.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid6,13671% --
Grants or Scholarships4,90857%$62,753,112$12,786
Federal Grants2,56530%$13,089,189$5,103
Pell Grants1,89422%$9,758,268$5,152
Other Federal Grants1,92022%$3,330,921$1,735
State/Local Grants7659%$970,656$1,269
Institutional Grants4,39551%$48,693,267$11,079
Student Loan Aid3,51441%$30,636,072$8,718
Federal Student Loans3,38339%$17,790,474$5,259
Other Student Loans6948%$12,845,598$18,510

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2019-2020 at Michigan State University. The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level3,5102,502$33,583,314$9,568
0-30,000964961$20,917,687$21,699
30,001-48,000446444$6,001,429$13,456
48,001-75,000478456$3,856,905$8,069
75,001-110,000463323$1,541,523$3,329
110,001 or more1,159318$1,265,770$1,092



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